Which of the following qualitative characteristics of information included in financial statements have been identified in the
Question:
Which of the following qualitative characteristics of information included in financial statements have been identified in the IASB’s Framework as desirable for promoting reliability:
(i) Faithful representation
(ii) Timeliness
(iii) Materiality
(iv) Comparability
(v) Prudence
(vi) Neutrality
(vii) Substance over form
(viii) Relevance
(ix) Understandability
(x) Completeness
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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